Preview

Strategic Management Accounting 1

Powerful Essays
Open Document
Open Document
11465 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Management Accounting 1
Strategic Management Accounting
2014 / 15
Level 6
Module Code 44-6785-00C

Sheffield Business School
Module leader - Richard Watkinson
TABLE OF CONTENTS Page

What's this module about? 3
How will this module deliver the relevant industry sector skills and competencies? 3
How will this module be delivered? 4
Assessment Package 5
How will Blackboard be used with this module? 5
How will student feedback be obtained on this module and how will this be used? 5
Module Team 6
Module Overview 6
Module Aims 6
Module Learning Outcomes 7
Schedule of Study 8
Reading List 9-10
Assessment Task 1 11-13
Seminar 1 Questions 14-17
Seminar 2 Questions 18-22
Seminar 3 Questions 23-34
Seminar 4 Questions 35-43
Seminar 5 Questions 44-55
Seminar 6 Questions 56-58
Seminar 7 Questions 59-78
Seminar 8 Questions 79-87
Seminar 9 Questions 88-112
Seminar 10 Questions 113-118

What's this module about?
This module builds on previous knowledge and application of management accounting concepts so as to enable students to analyse and critically evaluate management accounting systems in the broader context of the strategic management of organisations.

It is designed to encourage students to develop knowledge and skills that are appropriate for senior management positions, such as financial director, strategist, management accountant or strategic accountant. Accountants are no longer seen as bean counters but boardroom strategists who play a greater role in initiating and guiding major organisation change.

How will this module deliver the relevant industry sector skills and competencies?

Learning Philosophy
The philosophy adopted in this module, as in all L6 modules, is that you are primarily responsible for your own learning (just as you will be

You May Also Find These Documents Helpful

  • Powerful Essays

    DRAPER INSTRUMENTS

    • 4341 Words
    • 18 Pages

    Atkinson, A. A., Kaplan, R. S., Matsumura, E., Young, S. M., 2012. Management accounting: Information for decision making and strategy execution. 6th ed. Upper Saddle River: New Jersey Pearson Education.…

    • 4341 Words
    • 18 Pages
    Powerful Essays
  • Best Essays

    Collier, P.M. (2006) ‘Accounting For Managers: Interpreting Accounting Information for Decision-making’ 2nd Edit, John Wiley 7 Sons Ltd, England.…

    • 3119 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    References: Mowen. M., Hansen D.R and Heitger D. , Managerial Accounting-The Cornerstone of Business Decision, 4th Edition, 2012, South Western – Thomson Learning…

    • 9999 Words
    • 32 Pages
    Powerful Essays
  • Satisfactory Essays

    4AA3 coure outline

    • 2988 Words
    • 14 Pages

    The objective of this course is to develop the students’ analytical abilities to deal with problems relating to financial situations within the firm. This course deals with the role of accounting in an organization’s planning and control system which includes costing, cost allocation, variance analysis, responsibility accounting, performance evaluation, and incentive compensation. The way in which management accounting information affects the strategic and operational decisions within the organization will also be discussed.…

    • 2988 Words
    • 14 Pages
    Satisfactory Essays
  • Good Essays

    Text: Managerial Accounting for Managers, Noreen, Brewer & Garrison 3rd Edition. ISBN: 978-0-07-802542-6. This textbook is available at all FSCJ campus bookstores or may be ordered online at the following web address: www.mhhe.com. You must have a textbook for this class. The textbook will used throughout the class and should be brought to each class.…

    • 1806 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Hopwood Summary

    • 305 Words
    • 2 Pages

    The constant changes of the world’s economical and political environments are yet another factor affecting the need for management accountants. Hopwood feels that management accounting research should recognize these changes in order to improve its overall relevance. Since management accounting practices have not changed significantly since their inception many people believe that it…

    • 305 Words
    • 2 Pages
    Good Essays
  • Best Essays

    David Jones

    • 2662 Words
    • 11 Pages

    Hoque, Z. (2003) Strategic Management Accounting: Concepts, Processes and Issue, (2nd Ed), Sydney, Pearson Education Australia.…

    • 2662 Words
    • 11 Pages
    Best Essays
  • Powerful Essays

    Acct1511 Summer 2012

    • 2707 Words
    • 11 Pages

    Lecture Materials for Classes 10 -12 Management Accounting 10. Management Accounting: Review 11. Costing Systems 12. Budgeting for Planning and Control…

    • 2707 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Pre-requisite Courses and Assumed Knowledge and Capabilities None Course Description Accounting for Management Decisions provides postgraduate, non-accounting students with an understanding of the role of accounting as a system of information gathering and reporting that plays an important role in business decision-making. This course is specifically designed for students with little or no prior knowledge in accounting. Objectives/Learning Outcomes/Capability Development The major learning outcomes for this course is that you should have enhanced your understanding of and developed your ability to use financial, non financial and management accounting concepts and terminology in business decision-making. Successful completion of this course means that you are expected to be able to: Use accounting in business decision-making Explain the 3 financial reports Apply major types of financial ratio analysis Use major techniques of Financial & Management accounting Understand contemporary management accounting systems…

    • 2381 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    1. Plot the position of the following companies on figure 6.3 and justify your answer:…

    • 670 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Marketing

    • 1115 Words
    • 5 Pages

    This assignment covers the learning outcomes for the modules as documented in the module guide and definitive document…

    • 1115 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    PGBM04 IBE AS On Campus

    • 1575 Words
    • 10 Pages

    reports. The last submission prior to the deadline will be deemed to be the final…

    • 1575 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Otp Project

    • 2031 Words
    • 9 Pages

    Peer assessment will be evaluated as bonus-malus: team members can gain/lose 0.5 points on their final score. Peer assessment is based on project management skills and individual contribution to the final products.…

    • 2031 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Dissertation Handbook

    • 4874 Words
    • 20 Pages

    The learning outcomes and aims of the module are in Appendix 5. The criteria against which the final dissertation will be assessed are shown in Section 7 and in Appendices 3 and 4. Note that the module is worth 40 credits.…

    • 4874 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    management

    • 2362 Words
    • 7 Pages

    Traditionally management accounting has been characterised as providing information to aid managers internally in a firm and as such the focus of the management accounting systems has also tended to be internally orientated. During the 1980s and 1990s a growing number of academics (Johnson and Kaplan, 1987; Bromwich and Bhimani, 1989, 1996) began to recognise that management accounting was not adapting to changes in the modern business environment and as such was not fulfilling its function to aid managers. In a bid to improve the quality of management accounting information for manag­ers it was necessary to focus more widely on the external environment of the firm and thus the concept of strategic management accounting evolved. Now (strategic) management accounting involves the provision of information, which is externally orientated, market-driven and customer-focused and provides managers with a range of techniques and tools to…

    • 2362 Words
    • 7 Pages
    Powerful Essays